According to Hyperinsight, on July 28, WTI crude oil mapping contract (xyz:CL) on Hyperliquid fell to $80.91, down 5.2% in 24 hours and off 13.4% from the July 24 peak of $93.44. The decline reflects easing geopolitical risk premiums as the U.S. pauses military strikes on Iran and diplomatic tensions cool, with expectations rising for resumed Middle East energy transport.
Whale 0x60a8 emerged as a major beneficiary, holding 171,900 short contracts at 2x leverage worth approximately $13.91 million with an average entry of $91.57. The position currently shows a floating profit of $1.833 million, representing a 23.3% return.